The authority has already finalised the project report for the 19.85-km long third line of metro which will be partially underground between Colaba and Mahalaxmi.
Travelling woes of faraway suburbs of the Mumbai Metropolitan Region are soon to be over. With the officials of the Mumbai Metropolitan Region Development Authority (MMRDA) putting the Thane-Kalyan-Bhiwandi monorail route on the fast track, these towns will soon see monorail connectivity. Besides, work on the
third metro corridor is also likely to gain momentum.
“The authority will soon be sending the detailed project report of the second monorail corridor between Thane-Bhiwandi-Kalyan as well as the third metro corridor between Colaba and Bandra to the Mumbai Metro Rail Corporation for approval. Once the corporation approves it, the report as well as the bid documents will be submitted to the centre for seeking grants,” said MMRDA commissioner Ratnakar Gaikwad.
“While we are expecting a viability gap of 30% for the third metro line — the cost for which is close to Rs8,857 crore. The viability figure is close to Rs3,200 crore. However, in case of the second monorail, we will know whether it requires viability only when the bids are submitted since this is the first monorail project with public-private-partnership (model),” said Gaikwad.
The authority has already finalised the project report for the
19.85-km long third line of metro which will be partially underground between Colaba and Mahalaxmi. Union minister for urban development S Jaipal Reddy had earlier promised that the centre would definitely help in the construction of the third metro. According to Gaikwad, unlike the third line of metro, the monorail may not require a viability gap at all.
“Since the area badly needs a public transport system and especially Bhiwandi lacks any public transport, this project may even have a negative viability. The 30-km monorail will be costing Rs4,200 crore and MMRDA feels that there is not much need to ask for a viability gap,” Gaikwad said.
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
)
)
)
)
)
)
)
)
)
)
)
)
)
)
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}
)
){kind=small}
){kind=small}
)
)
)
)
)
){kind=small}
){kind=small}
){kind=small}
){kind=small}
){kind=small}